I'd pass on being being more bearish, $WTIC. If the bears are right, let $WTIC crumble. This market is trying to turn up. The bears should be forced to prove that it CAN'T.
until israel strikes back, the oil is inching higher, up to a point. fundamentally the global demands are not here. short strangles.
13 minutes if you want to watch. The banks and credit unions are not set up for repos. This video is 6 months old...But, it gives you an idea of what is happening in the industry.
You might want to seriously consider using BIL in a brokerage account, superb liquidity, many pros use this 1-3 month T-Bill ETF. I frequently park extra cash here in my Roth, earning around 5.2% recently tax-free and hassle free. Note on the daily chart i have posted how the interest is paid on a regular monthly basis and the ETF immediately goes down, and then starts back up. Numerous times i have bought right after the disbursement and ridden it back up for about 29 days for a capital gain instead. Either way you are making decent dough on the short term Treasury Bills without all the hassle.